bankruptcy post filing course
Innkeepers, Aventine, Tousa, Jennifer Convertibles, Vick: Bankruptcy
Innkeepers USA Trust , a real estate investment trust acquired in July 2007 by Apollo Investment Corp. in a $1.35 billion transaction, filed a Chapter 11 petition yesterday in New York with a reorganization plan where a subsidiary of Lehman Brothers Holdings Inc. , one of the secured lenders, would end up with all the new stock in exchange for $238 million in debt.
